West Bradenton Single Family Home Market Update

West Bradenton Single Family Home Market Update – 2025 Trends

The West Bradenton single-family home market, covering ZIP codes 34209, 34210, and 34215, has seen notable shifts in early 2025. Comparing year-to-date data from 2024 and 2025, several key trends have emerged that buyers, sellers, and investors should keep in mind.

Inventory Trends

As of February 28, 2025, the number of properties for sale in West Bradenton was 238, a slight 1% decrease compared to 240 in 2024. January saw a 6% decline in available listings, but February

rebounded with a 5% increase.

Pending Sales Surge

One of the most significant changes has been in pending sales, which jumped 36% year-over-year, from 73 in early 2024 to 99 in early 2025. This trend suggests a growing demand among buyers, particularly in February, where pending sales rose by 16% compared to the same month last year.

Closed Sales on the Rise

Closed sales also saw an upward trend, increasing by 15% year-to-date. January had a slight 7% dip

compared to 2024, but February experienced a robust 37% increase in sales, demonstrating strong buyer activity. This rise in sales volume could indicate that more sellers are meeting buyer expectations in terms of pricing and home condition.

Pricing Adjustments

While sales activity is heating up, median sale prices have seen a slight correction. The median price for single-family homes in West Bradenton averaged $521,000 in early 2025, a 5% decrease from the $550,000 median in 2024. January saw a sharper drop of 14%, but February showed a slight 3% recovery, indicating potential stabilization in home values.

Price per square foot, however, has risen significantly, from $264 in 2024 to $304 in 2025, a 15% increase. This suggests that while overall home prices have softened slightly, buyers are still willing to pay more for smaller or more efficiently designed homes.

Market Timing – Days on Market Increase

Homes are taking longer to sell in 2025, with median days on market reaching 41 compared to just 25

in 2024—a 62% increase. In January, homes lingered on the market for 59 days, a sharp 97% increase from the previous year. However, February saw a more modest 10% increase, suggesting some seasonal variation or renewed buyer interest.

Supply and Demand Balance

The number of weeks of sales, a measure of market absorption, has declined from 27 weeks in early 2024 to 19 weeks in early 2025, a 30% reduction. This suggests that homes are selling at a faster rate relative to supply, despite the increase in days on market. The reduction in supply combined with rising pending sales indicates a competitive market for well-priced homes.

What This Means for Buyers and Sellers

For buyers, the market remains competitive, especially as pending sales continue to rise. While median sale prices have seen a slight dip, the price per square foot increase suggests that affordability remains a key concern. Buyers should act quickly when they find a property that meets their needs.

For sellers, the increase in days on market means patience is necessary. Pricing strategically and ensuring homes are well-presented will be critical to securing a sale. However, the strong demand indicated by rising pending sales should be reassuring.

Final Thoughts

The West Bradenton single-family home market is seeing a dynamic start to 2025, with shifting trends in inventory, pricing, and demand. While home values have softened slightly, increased price per square foot and strong pending sales indicate a resilient market. Whether buying or selling, understanding these trends can help make informed real estate decisions in this evolving landscape.

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